Single-Family Homes
Tue Jan 21 2025
This week the median list price for Issaquah, WA is $1,699,400 with the market action index hovering around 55. This is about the same as last month's market action index of 55. Inventory has decreased to 16.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $1,699,400 | |
Median Price of New Listings | $1,372,500 | |
Per Square Foot | $573 | |
Average Days on Market | 110 | |
Median Days on Market | 84 | |
Price Decreased | 31% | |
Price Increased | 6% | |
Relisted | 6% | |
Inventory | 16 | |
Median Rent | ||
Market Action | 55 | |
Strong Seller's Market |
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$4,282,375 | 5,804 | - | 5 | 5.5 | 16 | 1 | 0 | 101 |
$2,169,000 | 4,415 | 0.25 - 0.5 acre | 4 | 4 | 27 | 0 | 0 | 84 |
$1,445,000 | 2,614 | - | 4 | 3 | 46 | 2 | 2 | 77 |
$1,154,000 | 2,720 | 2.5 - 5 acres | 4 | 3 | 48 | 1 | 1 | 52 |